New Western Flank Oil Discovery at Balgowan-1
Drillsearch Energy Limited announced that a new oil discovery at the Balgowan-1 exploration well in PEL 91 on the Western Flank Oil Fairway of the Cooper Basin. Wireline logs carried out at Balgowan-1 have confirmed a 9-metre gross oil column in the McKinlay-Namur and as a result, the well has been cased and suspended as a future oil producer, the 14th discovery in PEL 91. Analysis of the well results is continuing and Drillsearch will provide an update on the size of the discovery in due course. Balgowan-1 is located 3.6 kilometres northeast of the Stunsail-1 oil discovery. Following casing and suspension of Balgowan-1, the rig will now move to drill Burners-1, which is located midway between Balgowan-1 and Stunsail-1.
EURONAV NV Announces Final Year Results 2010
The time charter party of the Cap Victor (2007 -158,853 dwt) with BP and the time charter party of the Fraternity (2009 – 157,714 dwt) with Vitol have been extended with 24 and 12 months respectively. On 10 February 2010, the company took delivery of the newbuilding Suezmax Eugenie (2010 – 157,677 dwt) from Samsung Heavy Industries, Koje Island, South Korea. The vessel, which is owned 50%-50% in joint venture with JM Maritime, is being operated on the spot market. The storage contract of the V-plus TI Europe (2002 – 441…
This Day in U.S. Coast Guard History – February 1
1871- Using his administrative authority Secretary of the Treasury George S. Boutwell re-established a Revenue Marine Bureau within the Department and assigned Sumner I. Kimball as the civilian Chief with the duty of administering both the revenue cutters, which were then under the control of the local Collectors, and the life-saving stations. 1942- Enlistees after this date were restricted to enlistment in the Coast Guard Reserve. This was done to prevent having too many regulars in the service at war’s end. 1944- Coast Guardsmen participated in the invasion of Namur Island, Kwajalein Atoll.
Blount Boats Awarded Four Vessel Contract
Blount Boats, Inc. received Notice of Award to design and construct four 75-ft passenger vessels for the U.S. Army Kwajalein Atoll in the South Pacific. The vessels will be built to meet the USCG Subchapter 'T' for operation between the Marshall Islands of Kwajalein, Rio-Namur and Ennubirr Island on a Protected Waters Route for the Kwajalein Range Service, LLC, a contractor to the U.S. Army. The 150-passenger mono hull boat will be constructed of welded Corten steel with an aluminum superstructure.
This Day in Coast Guard History – Feb. 1
1871- Using his administrative authority Secretary of the Treasury George S. Boutwell re-established a Revenue Marine Bureau within the Department and assigned Sumner I. Kimball as the civilian Chief with the duty of administering both the revenue cutters, which were then under the control of the local Collectors, and the life-saving stations. 1942- Enlistees after this date were restricted to enlistment in the Coast Guard Reserve. This was done to prevent having too many regulars in the service at war’s end. 1944- Coast Guardsmen participated in the invasion of Namur Island, Kwajalein Atoll.
